Form 4: Lifeloc Technologies CFO Acquires Shares in Open Market Purchase

Vern D. Kornelsen, CFO of Lifeloc Technologies, Inc., purchased 12,250 shares of common stock at $3.80 per share on February 28, 2025.

Summary

• On February 28, 2025, Vern D. Kornelsen, the Chief Financial Officer of Lifeloc Technologies, Inc., acquired 12,250 shares of the company's common stock.
• The purchase price was $3.80 per share.
• Following the transaction, Mr. Kornelsen directly owns 34,126 shares.
• Mr. Kornelsen also has indirect ownership of 2,100,119 shares through EDCO Partners LLLP, where he is a general partner.
• EDCO Partners LLLP holds 57,478 shares on behalf of Mr. Kornelsen and 227,399 shares on behalf of Enroxtech, Inc., where he is president and holds a beneficial interest.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to the CFO's purchase of shares, indicating confidence in the company. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

• The CFO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally seen as a positive sign.

Stakeholder Impact

• The CFO's stock purchase could positively influence shareholder sentiment.

Key Dates

Keywords

Lifeloc Technologies, LCTC, Vern D. Kornelsen, CFO, share purchase, insider trading, EDCO Partners LLLP, beneficial ownership, Form 4